Auto Loan Payoff Calculator

Loan Information

Original loan balance ($)

Annual percentage rate: (%)

Initial term in months: (4yrs=48)

Number of payments already made

Proposed additional monthly payment ($)

Paying off your car early is a smart financial move since it reduces both the length of the loan and the amount of interest you'll have to pay. If you find yourself in a position to increase the amount of your existing monthly car payment, you may be delightfully surprised at how many months of payments can deducted from the life of the loan. This early car payoff calculator configures your best course of amortization. Just plug in your loan balance and percentage rate, terms and status, along with the amount you can increase on your payment, and our auto loan payoff calculator will immediately provide you with how many months you'll save.